Sinomach Heavy Equipment Group Co Ltd
SINOMACH HEAVY EQUIPMENT GROUP CO.,LTD researches, develops, designs, manufactures, and sells technical and heavy equipment in China and internationally. The company offers complete sets of equipment, including forging press, hot continuous rolling mill, rubber bladder press, cold rolling mill, new-type slag vertical mill, forging four-beam bridge crane, free forging hydraulic press, wide-and-thi… Read more
Sinomach Heavy Equipment Group Co Ltd (601399) - Net Assets
Latest net assets as of September 2025: CN¥15.48 Billion CNY
Based on the latest financial reports, Sinomach Heavy Equipment Group Co Ltd (601399) has net assets worth CN¥15.48 Billion CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥34.46 Billion) and total liabilities (CN¥18.98 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥15.48 Billion |
| % of Total Assets | 44.92% |
| Annual Growth Rate | 14.67% |
| 5-Year Change | 14.06% |
| 10-Year Change | 3724.92% |
| Growth Volatility | 140.91 |
Sinomach Heavy Equipment Group Co Ltd - Net Assets Trend (2005–2024)
This chart illustrates how Sinomach Heavy Equipment Group Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Sinomach Heavy Equipment Group Co Ltd (2005–2024)
The table below shows the annual net assets of Sinomach Heavy Equipment Group Co Ltd from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥15.05 Billion | +3.62% |
| 2023-12-31 | CN¥14.53 Billion | +3.55% |
| 2022-12-31 | CN¥14.03 Billion | +4.52% |
| 2021-12-31 | CN¥13.42 Billion | +1.70% |
| 2020-12-31 | CN¥13.20 Billion | +2.33% |
| 2019-12-31 | CN¥12.90 Billion | +6.92% |
| 2018-12-31 | CN¥12.06 Billion | +171.21% |
| 2017-12-31 | CN¥4.45 Billion | +172.17% |
| 2016-12-31 | CN¥1.63 Billion | +315.21% |
| 2015-12-31 | CN¥393.60 Million | +106.48% |
| 2014-12-31 | CN¥-6.08 Billion | -434.31% |
| 2013-12-31 | CN¥1.82 Billion | -63.78% |
| 2012-12-31 | CN¥5.02 Billion | -7.43% |
| 2011-12-31 | CN¥5.42 Billion | -4.37% |
| 2010-12-31 | CN¥5.67 Billion | +95.94% |
| 2009-12-31 | CN¥2.89 Billion | +15.63% |
| 2008-12-31 | CN¥2.50 Billion | +8.90% |
| 2007-12-31 | CN¥2.30 Billion | +64.14% |
| 2006-12-31 | CN¥1.40 Billion | +25.36% |
| 2005-12-31 | CN¥1.12 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sinomach Heavy Equipment Group Co Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 817337533336.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥7.21 Billion | 50.12% |
| Other Comprehensive Income | CN¥604.24 Million | 4.20% |
| Other Components | CN¥14.80 Billion | 102.83% |
| Total Equity | CN¥14.39 Billion | 100.00% |
Sinomach Heavy Equipment Group Co Ltd Competitors by Market Cap
The table below lists competitors of Sinomach Heavy Equipment Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Capital & Counties Properties PLC
PINK:CCPPF
|
$1.88 Billion |
|
Xizang Haisco Pharmaceutical Group Co Ltd
SHE:002653
|
$1.88 Billion |
|
AMP Limited
F:AMP
|
$1.88 Billion |
|
Ningbo Ronbay New Energy Tech Ltd
SHG:688005
|
$1.88 Billion |
|
Guangdong Aofei Data Technology Co Ltd Class A
SHE:300738
|
$1.87 Billion |
|
Hindustan Copper Limited
NSE:HINDCOPPER
|
$1.87 Billion |
|
Jiangsu Goodwe Power Supply Technology Co Ltd
SHG:688390
|
$1.87 Billion |
|
Nordic Semiconductor ASA
PINK:NRSDY
|
$1.87 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sinomach Heavy Equipment Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 13,905,186,003 to 14,393,105,421, a change of 487,919,418 (3.5%).
- Net income of 431,841,439 contributed positively to equity growth.
- Dividend payments of 12,279,215 reduced retained earnings.
- Other comprehensive income increased equity by 604,240,337.
- Other factors decreased equity by 535,883,143.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥431.84 Million | +3.0% |
| Dividends Paid | CN¥12.28 Million | -0.09% |
| Other Comprehensive Income | CN¥604.24 Million | +4.2% |
| Other Changes | CN¥-535.88 Million | -3.72% |
| Total Change | CN¥- | 3.51% |
Book Value vs Market Value Analysis
This analysis compares Sinomach Heavy Equipment Group Co Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.48x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 5.12x to 2.48x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | CN¥0.97 | CN¥4.95 | x |
| 2006-12-31 | CN¥1.11 | CN¥4.95 | x |
| 2007-12-31 | CN¥1.63 | CN¥4.95 | x |
| 2008-12-31 | CN¥1.76 | CN¥4.95 | x |
| 2009-12-31 | CN¥2.04 | CN¥4.95 | x |
| 2010-12-31 | CN¥3.37 | CN¥4.95 | x |
| 2011-12-31 | CN¥3.06 | CN¥4.95 | x |
| 2012-12-31 | CN¥2.97 | CN¥4.95 | x |
| 2013-12-31 | CN¥0.79 | CN¥4.95 | x |
| 2014-12-31 | CN¥-2.65 | CN¥4.95 | x |
| 2015-12-31 | CN¥0.12 | CN¥4.95 | x |
| 2016-12-31 | CN¥0.14 | CN¥4.95 | x |
| 2017-12-31 | CN¥0.77 | CN¥4.95 | x |
| 2018-12-31 | CN¥2.20 | CN¥4.95 | x |
| 2019-12-31 | CN¥1.70 | CN¥4.95 | x |
| 2020-12-31 | CN¥1.74 | CN¥4.95 | x |
| 2021-12-31 | CN¥1.77 | CN¥4.95 | x |
| 2022-12-31 | CN¥1.86 | CN¥4.95 | x |
| 2023-12-31 | CN¥1.93 | CN¥4.95 | x |
| 2024-12-31 | CN¥2.00 | CN¥4.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sinomach Heavy Equipment Group Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 3.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.41%
- • Asset Turnover: 0.38x
- • Equity Multiplier: 2.30x
- Recent ROE (3.00%) is above the historical average (-3.28%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 0.58% | 0.21% | 0.50x | 5.40x | CN¥-104.92 Million |
| 2006 | 7.65% | 2.57% | 0.59x | 5.06x | CN¥-32.87 Million |
| 2007 | 17.90% | 7.52% | 0.54x | 4.40x | CN¥181.24 Million |
| 2008 | 14.14% | 4.62% | 0.49x | 6.23x | CN¥101.49 Million |
| 2009 | 13.41% | 5.06% | 0.42x | 6.27x | CN¥96.77 Million |
| 2010 | 4.99% | 4.18% | 0.32x | 3.71x | CN¥-281.20 Million |
| 2011 | -2.61% | -1.94% | 0.32x | 4.26x | CN¥-676.13 Million |
| 2012 | -57.59% | -72.44% | 0.18x | 4.31x | CN¥-3.39 Billion |
| 2013 | -176.56% | -65.49% | 0.25x | 10.96x | CN¥-3.39 Billion |
| 2014 | 0.00% | -202.14% | 0.26x | 0.00x | CN¥-7.29 Billion |
| 2015 | 23.85% | 3.74% | 0.18x | 35.12x | CN¥54.52 Million |
| 2016 | 47.80% | 10.85% | 0.25x | 17.65x | CN¥283.36 Million |
| 2017 | 17.85% | 10.02% | 0.30x | 5.99x | CN¥316.76 Million |
| 2018 | 4.16% | 5.06% | 0.33x | 2.45x | CN¥-676.67 Million |
| 2019 | 4.04% | 5.38% | 0.33x | 2.25x | CN¥-736.01 Million |
| 2020 | 2.67% | 3.82% | 0.32x | 2.17x | CN¥-927.34 Million |
| 2021 | 3.07% | 4.15% | 0.34x | 2.19x | CN¥-890.94 Million |
| 2022 | 3.00% | 4.18% | 0.34x | 2.12x | CN¥-938.76 Million |
| 2023 | 3.10% | 3.83% | 0.37x | 2.16x | CN¥-959.87 Million |
| 2024 | 3.00% | 3.41% | 0.38x | 2.30x | CN¥-1.01 Billion |
Industry Comparison
This section compares Sinomach Heavy Equipment Group Co Ltd's net assets metrics with peer companies in the Metal Fabrication industry.
Industry Context
- Industry: Metal Fabrication
- Average net assets among peers: $1,244,978,643
- Average return on equity (ROE) among peers: 9.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sinomach Heavy Equipment Group Co Ltd (601399) | CN¥15.48 Billion | 0.58% | 1.23x | $1.87 Billion |
| Xinjiang Hejin Holding Co Ltd (000633) | $64.30 Million | 0.00% | 1.02x | $276.51 Million |
| Chongqing Changjiang River Moulding Material (Group) Co. Ltd. (001296) | $563.95 Million | 12.68% | 0.31x | $177.83 Million |
| Winstech Precision Hldg Co (001319) | $1.31 Billion | 8.55% | 0.30x | $167.74 Million |
| Guangdong Jingyi Metal Co Ltd (002295) | $785.40 Million | -7.13% | 0.66x | $373.68 Million |
| Shanghai Xinpeng Industry Co Ltd (002328) | $2.40 Billion | 2.65% | 0.12x | $461.37 Million |
| Beijing Lier High Temperature Materials Co Ltd (002392) | $4.13 Billion | 10.98% | 0.50x | $722.14 Million |
| Suzhou Victory Precision Manufacture Co Ltd (002426) | $245.28 Million | 58.16% | 1.15x | $1.78 Billion |
| Dajin Heavy Industry Corp (002487) | $1.51 Billion | 2.42% | 0.28x | $3.72 Billion |
| Jiangsu Boamax Technologies Group Co Ltd (002514) | $966.88 Million | 1.75% | 0.27x | $292.45 Million |
| Guangzheng Group Co Ltd (002524) | $467.88 Million | 4.77% | 0.48x | $226.79 Million |